New York City — Himmel + Meringoff and The Swig Company, co-owners of 1460 Broadway, have signed a 15-year lease with Foot Locker to occupy the building’s entire 36,000-square-foot, four-level retail component, which has been designated as 8 Times Square.
This flagship location, positioned steps from 42nd Street, will feature a new three-story, 35-foot-high, all-glass storefront designed by MdeAS and will include 4,500 square feet of newly constructed LED signage visible from the heart of Times Square and as far south as Macy’s. Foot Locker plans to open its new store in time for the 2016 holiday season.
Foot Locker is a leading global athletic footwear and apparel retailer with 1,911 stores in 21 countries, including 1,171 in the United States, Puerto Rico, the U.S. Virgin Islands, and Guam, 129 in Canada, 518 in Europe, and a combined 93 in Australia and New Zealand.
New York City-based Himmel + Meringoff Properties (www.hmprop.com) operates one of the largest privately owned portfolios in Manhattan.
The Swig Company, LLC (www.swigco.com) is a privately-owned, San Francisco-based real estate operator and investor with a 78-year history of investment, development, partnership and management of commercial real estate properties in major markets throughout the United States.
SOURCE: Himmel + Meringoff Properties